The Shiba Inu ecosystem is taking another significant step in its transformation from a memecoin to a comprehensive blockchain project with the announcement of its new token, TREAT. Designed for governance and rewards within the ecosystem, TREAT is set to become operational in January 2025, though an exact launch date remains unconfirmed. TREAT: An Innovative […]
Trump Adds Pro-Crypto Allies to Cabinet, Including Former Soccer Player Bo Hines
Bo Hines has been selected to head the newly formed “Crypto Council,” working alongside the “cryptocurrency czar,” as Michael Kratsios and Lynne Parker join in crypto-policy roles, among other appointments. U.S. President-elect Donald Trump continues to appoint cryptocurrency advocates to senior roles in his upcoming administration. In a post on his Truth Social account on […]
Ohio, U.S., Joins Jurisdictions Considering Incorporating Bitcoin into Its Reserve
A lawmaker in the Ohio House of Representatives has introduced a bill proposing the creation of a Bitcoin fund within the state treasury, making Ohio the third U.S. state to explore such an initiative. Ohio Enters the Bitcoin Debate In Ohio, Representative Derek Merrin introduced House Bill 703, also known as the “Ohio Bitcoin Reserve […]
Japanese Lawmakers Call for Creation of Bitcoin Reserves and Adoption of Innovative Policies Inspired by DOGE
Japan is the most recent country to be called upon to study the feasibility of setting up a Bitcoin Strategic Reserve. This proposal comes in the wake of global interest in Bitcoin reserves gaining momentum, particularly in the wake of Donald Trump’s election victory in the United States. Japan Explores Bitcoin Reserves On December 11, […]
Microsoft Rejects Bitcoin: Shareholders Decline Proposal to Allocate Cryptocurrency to Treasury
Microsoft is not ready to incorporate Bitcoin into its corporate treasury, as shareholders voted against a proposal influenced by Michael Saylor’s recommendations and the success of his company, MicroStrategy. The tech giant, best known for its Windows operating system, has opted not to invest in Bitcoin. During a shareholder meeting on Tuesday, Microsoft’s partners voted […]
Amazon Shareholders Urge Company to Invest 5% in Bitcoin
Amazon shareholders are urging the company to consider investing 5% of its treasury assets into Bitcoin, mirroring the approach adopted by MicroStrategy to hedge against fiat inflation and enhance shareholder value. The proposal was submitted by the National Center for Public Policy Research (NCPPR), a think tank that promotes free-market principles, and has been widely […]
Trump Could Pick New SEC Chairman “As Fast as Tomorrow”
Paul Atkins is currently the leading candidate, with about a 70% chance of being nominated as the next SEC chairman. Incoming President Donald Trump’s transition team is reportedly considering several candidates for the role of SEC chairman and could announce its decision “as soon as tomorrow,” according to FOX Business reporter Eleanor Terrett, citing sources […]
XRP Overtakes USDT, Becomes the 3rd Largest Cryptocurrency
XRP, the cryptocurrency closely associated with Ripple, has surged in market capitalization, achieving a meteoric rise to multi-year highs in its price. XRP has climbed to become the world’s third-largest cryptocurrency, surpassing Tether (USDT). This comes on the back of a more than 20% increase in the past 24 hours, pushing its market capitalization to […]
Ethereum on the Rise: Whales Push Accumulation and Forecasts Point to a New All-Time High
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is making significant strides toward setting a new all-time high (ATH), following closely behind Bitcoin’s lead. Bullish Projection for Ethereum On-chain metrics provider Globe of Crypto recently highlighted a critical technical pattern: “Forming an ascending triangle at 1WTF. A breakout could provide a huge bullish rally towards […]
Manhattan U.S. Attorney’s Office Considers Scaling Back Cryptocurrency Prosecution with Trump in Office
Cryptocurrency enforcement cases in the United States are expected to decline under the new Donald Trump administration, as the president-elect has promoted a friendlier environment for the asset class. The U.S. Attorney’s Office in Manhattan, New York, is reportedly taking this shift into account and contemplating reducing the prosecution of cryptocurrency-related cases. This was revealed […]